US: Altair Nanotechnologies reports Q1 revenue drop

The lithium-ion battery maker Altair Nanotechnologies has reported its financial results for the first quarter ended 31 March 2012, showing that revenues in the first quarter of 2012 decreased to US$0.3m from US$2.6m a year earlier. Gross loss remained constant at US$0.2m, operating expenses reached US$4.8m compared to US$5.7m, and Altair recorded Subscribe to Automotive World to … Continued

• By Webmaster
• May 18, 2012